logo

North America Roofing Membranes Market Size (2024 - 2029)

The North America Roofing Membranes Market is projected to experience significant growth over the forecast period, driven by increasing investments in the construction sector and the superior properties of roofing membranes compared to alternatives. Despite challenges such as the labor-intensive installation process and fluctuating raw material prices, the market is recovering from the COVID-19 impact, supported by rising residential and commercial activities. The expanding use of roofing membranes in green and solar roof structures presents promising growth opportunities. The United States stands out as the largest market in the region, reflecting a strong demand for industrial applications.

Home Market Analysis Chemicals & Materials Research Construction Chemicals and Materials Research North America Roofing Membranes Market Market Size

Market Size of North America Roofing Membranes Industry

North America Roofing Membranes Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 13.65 Billion
Market Size (2029) USD 18.14 Billion
CAGR (2024 - 2029) 5.86 %
Market Concentration High

Major Players

North America Roofing Membranes Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Roofing Membrane Market Analysis

The North America Roofing Membranes Market size is estimated at USD 13.65 billion in 2024, and is expected to reach USD 18.14 billion by 2029, growing at a CAGR of 5.86% during the forecast period (2024-2029).

The North American roofing membranes market was negatively impacted by COVID-19 as it restricted the operating activities of several industries, including the construction industry. However, the sector has been recovering well since restrictions were lifted. The growing residential and commercial activities supported the positive demand for roofing membranes in the region.

  • Over the short term, increasing investments in the region's construction sector and superior properties of roofing membranes over other alternatives are the major factors driving the growth of the market studied.
  • However, the labor-intensive installation process and the fluctuating prices of raw materials are the key factors anticipated to restrain the growth of the target industry over the forecast period.
  • Nevertheless, the increasing utilization of roofing membranes in green roof structures and the growing usage of roofing membranes in solar roofs are likely to create lucrative growth opportunities for the global market soon.
  • The United States has emerged as the largest market for roofing membranes in the North American region due to growing demand for various industrial applications.

North America Roofing Membrane Industry Segmentation

Roofing membranes are the membranes used to protect the roofing surface from water and other weather conditions. These are widely used for residential, commercial, and industrial applications.

The report covers the North America roofing membranes market forecast and trends and is segmented by product (liquid applied membrane (acrylic, polyurethane, polyurea, and other liquid applied membranes), and sheet membrane (polyvinyl chloride (PVC), ethylene propylene diene monomer (EPDM), thermoplastic polyolefin (TPO), self-adhesive bitumen, high-density polyethylene (HDPE), and other sheet membranes), installation type (mechanically attached, fully adhered, ballasted, and other installation types), application (residential, commercial, institutional, and infrastructural), and geography (United States, Canada, and Mexico). 

The report covers market size and forecasts for roofing membranes in revenue (USD) and volume (million square feet) for all the above segments.

Product
Liquid Applied Membrane
Acrylic
Polyurethane
Polyurea
Other Liquid Applied Membranes
Sheet Membrane
Polyvinyl Chloride (PVC)
Ethylene Propylene Diene Monomer (EPDM)
Thermoplastic Polyolefin (TPO)
Self-Adhesive Bitumen
High-Density Polyethylene (HDPE)
Other Sheet Membranes
Installation Type
Mechanically Attached
Fully Adhered
Ballasted
Other Installation Types
Application
Residential
Commercial
Institutional
Infrastructural
Geography
United States
Canada
Mexico
Need A Different Region Or Segment?
Customize Now

North America Roofing Membranes Market Size Summary

The North American roofing membranes market is poised for significant growth, driven by increasing residential and commercial construction activities across the region. The market, which experienced a downturn due to the COVID-19 pandemic, is on a recovery path, supported by the region's robust construction sector and the superior properties of roofing membranes compared to alternative solutions. The United States stands out as the largest market within North America, fueled by rising demand for industrial applications and advancements in eco-friendly roofing technologies. The adoption of green roofs and solar roofing systems is expected to create lucrative opportunities, further propelling market expansion.

Despite challenges such as labor-intensive installation processes and fluctuating raw material prices, the market is expected to benefit from government initiatives and infrastructure projects that support residential construction. The competitive landscape is characterized by the presence of major players like Holcim, Sika AG, and Carlisle Syntec Systems, who are actively expanding their product offerings and strategic partnerships to enhance market share. Innovations in roofing technologies, such as the introduction of advanced roofing systems and liquid waterproofing solutions, are anticipated to meet the growing demand for durable and sustainable roofing solutions in North America.

Explore More

North America Roofing Membranes Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Investments in the Construction Sector in the North American Region

      2. 1.1.2 Superior Properties of Roofing Membranes Over Alternatives

    2. 1.2 Restraints

      1. 1.2.1 Labor Intensive Installation Process

      2. 1.2.2 Fluctuating Prices of Raw Materials

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market Size in Value and Volume)

    1. 2.1 Product

      1. 2.1.1 Liquid Applied Membrane

        1. 2.1.1.1 Acrylic

        2. 2.1.1.2 Polyurethane

        3. 2.1.1.3 Polyurea

        4. 2.1.1.4 Other Liquid Applied Membranes

      2. 2.1.2 Sheet Membrane

        1. 2.1.2.1 Polyvinyl Chloride (PVC)

        2. 2.1.2.2 Ethylene Propylene Diene Monomer (EPDM)

        3. 2.1.2.3 Thermoplastic Polyolefin (TPO)

        4. 2.1.2.4 Self-Adhesive Bitumen

        5. 2.1.2.5 High-Density Polyethylene (HDPE)

        6. 2.1.2.6 Other Sheet Membranes

    2. 2.2 Installation Type

      1. 2.2.1 Mechanically Attached

      2. 2.2.2 Fully Adhered

      3. 2.2.3 Ballasted

      4. 2.2.4 Other Installation Types

    3. 2.3 Application

      1. 2.3.1 Residential

      2. 2.3.2 Commercial

      3. 2.3.3 Institutional

      4. 2.3.4 Infrastructural

    4. 2.4 Geography

      1. 2.4.1 United States

      2. 2.4.2 Canada

      3. 2.4.3 Mexico

North America Roofing Membranes Market Size FAQs

The North America Roofing Membranes Market size is expected to reach USD 13.65 billion in 2024 and grow at a CAGR of 5.86% to reach USD 18.14 billion by 2029.

In 2024, the North America Roofing Membranes Market size is expected to reach USD 13.65 billion.

North America Roofing Membranes Market Report Snapshots

North America Roofing Membranes Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)